Articles - Whats next for motor


Sarah Myerscough and Ageas’ Adam Beckett talk about the rapidly changing motor insurance market. With the looming ban on the sale of petrol and diesel cars by 2030, motor manufacturers are racing to expand the sale and accessibility of electric and hybrid vehicles. We must collaborate with industry experts on how to create affordable policies for customers given the differing expenses for electric vehicles. Furthermore, Adam notes that whilst traditional 12-month motor insurance policies will always remain important, there is an emerging trend towards short-term policies purchased on demand at the click of a button. Thus, brokers and insurers alike must be prepared to navigate this highly metamorphic marketplace in the coming years.

 

Back to Index


Similar News to this Story

Always Believing you are Gold
Amid the ongoing tensions in the Middle East, Bitcoin has received a less traction. This is despite a fall over the last 6 months of nearly 50%. I’m a
Asset-backed securities: a growing opportunity for investors
From early 2027, the European Union’s (EU’s) Solvency II reforms will significantly improve the capital treatment of asset-backed securities (ABS). So
Why pensions still go missing in divorce settlements
For specialist divorce lawyers, the importance of properly addressing pension assets is now widely understood. Whilst efforts have been made to raise

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.